We are all forgetting china and
India
in 1990 there were only 1 car
in china per 1000 people
in 2000 there
were 15 cars per 1000 people
in 2007 there
were 21 cars per 1000
people
there is a gm plant in china producing
Cadillac's
in 2000 they sold
25000
in 2007 the waiting list is 7 month long
and
they produced 375000 cars
in 2000 their electric
was 80-85% coal production
in 2007 their electric
is 65-70% rest is gas turbines and oil
fired turbines
they sighed a contract in 2007 to
build 35 nuclear reactor's
(to be completed in 2010)
contractor is a private French
company
(it build all nuclear facilities in
France, since 1977 there was not even ONE nuclear accident in
France)
world economy means higher demand, even
if we get recession
oil under 70 is a dream (at
least until 2011)
Ben
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